Galaxy Entertainment Group Ltd (0027.HK)
17 Aug 2018
Latest Key Developments (Source: Significant Developments)
Aug 8 (Reuters) - Galaxy Entertainment Group Ltd <0027.HK>::Q2 GROUP NET REVENUE HK$13.9 BILLION, UP 22% YEAR-ON-YEAR.H1 NET PROFIT ATTRIBUTABLE HK$7.21 BILLION VERSUS HK$4.63 BILLION.DECLARED A SPECIAL DIVIDEND OF HK$0.50 PER SHARE."CAUTIOUS THAT CONSUMER CONFIDENCE MAY BE IMPACTED FOR SHORTER TERM". Full Article
Nov 9 (Reuters) - Galaxy Entertainment Group Ltd <0027.HK>::Q3 group adjusted EBITDA of HK$3.5 billion, up 31 percent.Q3 group revenue HK$15.9 bln, up 23 percent. Full Article
HONG KONG (Reuters Breakingviews) - A fight for big spenders in Macau has made earnings volatile in China's gambling hub. Battle lines are being drawn in the gaudy Cotai Strip, where casinos are pulling out the stops to pull in the punters. The conflict is likely to spread, and could weigh on profit margins.